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The Asian Development Bank (ADB) has announced that it will invest $50 million in Indian renewable energy independent power producer Avaada Energy Private Limited. Avaada aims to use the capital to expand its solar energy generation capacity in India. The ADB and Avaada entered into an agreement which was signed by the chairman of the […]

Recognized as one the leading mining nations in the world Polish government has prepared ‘West Bengal Project’ that was discussed recently during Bengal Global Business Summit. Poland was partner country of the summit for a third time in a row. Poland looks for collaboration with both PSUs and the biggest private players. During a recent […]

India’s SpiceJet Ltd could benefit from cash-strapped Jet Airways being forced to ground planes, and the low-cost carrier is in talks with lessors to lease some of those aircraft, a person with direct knowledge of the matter told Reuters. Shares of SpiceJet rose as much as 7.2 percent on Wednesday in their biggest percentage gain […]

Indian companies are welcome to participate in Indonesia’s infrastructure projects, particularly in the Aceh province, as the island nation makes development a priority, a senior minister has said. Addressing a gathering of chief executives of the Indian companies at the 2nd India-Indonesia Infrastructure Forum (IIIF) in Jakarta, country’s Coordinating Minister of Maritime Affairs Luhut Binsar […]

The government is spending more than Rs 20,000 crore to rectify accident prone black spots on roads across the country in order to reduce fatalities in such incidents, Union Minister Nitin Gadkari said Friday.

Speaking here at the launch of a research report by Nissan India and SaveLife Foundation, Gadkari said the first priority of his ministry is to save more lives from road accidents which account for over 1 lakh deaths each year in the country.

“One of the major reasons for road accidents is flawed engineering. We have already identified the black spots…We are spending more than Rs 20,000 crore only for implementing this and making underpasses, flyovers etc,” the road and transport minister said.

He said road safety issue requires more public awareness besides a serious approach in important factors like issuance of driving licences.

“We have also suggested to state governments to include chapters on road safety in primary education.. Government is also taking preventive measures in auto industry like seat belt reminders,” Gadkari added.

As per the report ‘Rear Seat Belt Usage and Child Road Safety in India’, 90 per cent of the total 6,306 respondents said they do not use rear safety belts.

The report also revealed that despite 92.8 per cent respondents being aware of the safety benefits of child helmets, only 20.1 per cent owned a child helmet.

As per the latest data released by road and transport ministry, 9,408 children lost their lives to road crashes in 2017 alone.

“While there have been various initiatives undertaken to raise awareness around road safety in India, the importance of wearing rear seat belts has been completely neglected,” Nissan India President Thomas Kuehl said.

He added that the company along with SaveLife Foundation and SHARP, has set a target to reach out and educate over 2 lakh children in 240 schools across 12 cities on usage of rear seat belts, and road safety.

The government is making a big push for electric vehicles. The growth forecast is high and the policy is clear. However, the uptake will depend on the ability of the state governments to create charging infrastructure. The policy field was cleared last year. The ministry of power clarified in Apr 2018 that charging stations do […]